UL Solutions Director Kevin Kennedy Accrues Dividend Equivalent Units

Insider Filing Analysis: UL Solutions Inc. ($ULS)

Summary of Transaction

On September 10, 2026, Kevin Kennedy, a member of the Board of Directors of UL Solutions Inc., acquired an aggregate of 19 derivative units (comprising 15 Deferred Restricted Stock Units and 4 Restricted Stock Units) at an exercise/acquisition price of $0.00.

Key Details

• Nature of Transaction: Accrual of dividend equivalent rights associated with previously granted DRSUs and RSUs under the Issuer's Non-Employee Director Deferred Compensation Plan and equity incentive plans.
• Breakdown:
  • 10 DRSUs (underlying Class A Common Stock), bringing holdings in that tranche to 4,979 units.
  • 5 DRSUs (underlying Class A Common Stock), bringing holdings in that tranche to 2,814 units.
  • 4 RSUs (underlying Class A Common Stock), bringing holdings in that tranche to 2,213 units.
• Total Underlying Value Transacted: $0 out-of-pocket (routine dividend equivalent accruals).

Trading Significance

This transaction has Low trading significance. It represents standard, automatic dividend equivalent additions tied to existing director equity awards rather than open-market purchases or discretionary sales.